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Piracy & Security

Stay informed with the latest news, analysis and market insight on the piracy and security threats impacting
the shipping industry; be proactive in adapting your organisation to meet new requirements and
identify risks to your business model through our expert coverage

Bab el Mandeb and Suez transits hit fresh lows in September

International efforts to degrade the Houthis’ capabilities and to protect maritime trade have failed to deter the militant group’s attacks and have not been enough to get shipping to return to the Red Sea

Red Sea Risk Piracy and Security

Black Sea war risk rates heading north after Russian attacks

Insurers fear there might be a deliberate shift toward targeting merchant vessels

Ukraine crisis Insurance

Third ship struck in Ukraine within space of one week

Although vessels berthed in Ukrainian ports have always been at risk of becoming collateral damage, it is unusual for so many to be hit within such a short period

Ukraine crisis Piracy and Security

Russia’s attacks will not slow Ukraine’s maritime trade

‘The current prices are why it doesn’t make sense right now to trade with Ukraine, and while the latest attacks are widely spoken about, I’ve seen no consequences in terms of prices or insurance,’ said Filipe Gonzaga, managing director at Bryce, a Swiss agri-commodities trading firm 

Ukraine crisis Dry Bulk

Salvors put out fires on board Houthi-hit Sounion

It has been 49 days since the Houthis attacked the Delta Tankers suezmax Sounion, but salvors have finally extinguished the 18 separate fires that have been burning

Red Sea Risk Tankers and Gas

Crew uncover drug smuggling operation on bulk carrier

A crew member on board panamax bulk carrier Jawor noticed that a seal was missing in a void space and discovered what is thought to be more than half a tonne of cocaine

Dry Bulk Piracy and Security

Shipping on alert as Russia hits another ship, killing one and injuring five

Ukrainian foreign minister denounces Russian ‘terrorist’ attacks on shipping after a Palau-flagged ship is hit by a Russian missile hours after arriving at Odesa

Ukraine crisis Casualty

Fires nearly out on burning Sounion

Salvors boarded the stricken tanker in September once it was finally towed to safety more than three weeks after it was first attacked

Red Sea Risk Tankers and Gas

Private security: you get what you pay for

The incident raises familiar questions about the quality and consistency of private security teams on board vessels transiting what is now an active warzone

Piracy and Security Risk and Compliance
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Highly unusual shipment from occupied Crimea a major red flag, say security experts

The shipment is the latest example of Russia being willing to use deceptive practices to sustain the transport of suspicious cargoes

Ukraine crisis Political Risk and Trade
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Houthis resume shipping attacks amid concerns over Russian missile support

Houthis ended a month-long lull in attacks by targeting what they erroneously describe as a ‘British oil ship’. The haphazard targeting has further fuelled fears that rumoured Russian missiles could be about to increase the risk for ships beyond the Red Sea

Red Sea Risk Tankers and Gas

Industry issues updated Red Sea transit guidelines

The Joint Industry Security Group of shipping industry associations has released ‘industry transit advice’ on Red Sea transits. No Houthi attacks have been reported to the UKMTO during the past two weeks, although the militants attempted to strike central Israel in the early hours of Friday

Red Sea Risk Risk and Compliance
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